Gulf Lloyds (India) has been awarded purchase orders from various clients for third party inspections, according to reports from Business Standard. The company has secured these orders for a two-year period with an estimated value of approximately ₹18.42 crore, inclusive of GST. The contracts span execution periods of approximately two years, with payment terms specifying charges will accumulate over a monthly cycle, with payment due 30 days after the invoice date.
The approximate value of these orders amounts to ₹15.61 crore plus taxes, as reported by Business Standard. This significant contract win strengthens the company's position in delivering inspection and certification services to its client base. The domestic orders were awarded by seventeen clients across various sectors, demonstrating the company's diversified client portfolio.
The client roster includes prominent organizations such as Indian Oil-Adani Gas Private Limited, Sabarmati Gas Limited, Ace Gas Private Limited, M6 Automotive Services Private Limited, Nilkamal Limited, Surya Roshni Limited, Tractebel Engineering Private Limited, Khan Enterprises, Sabarkantha District Co-Operative Milk Producers' Union Limited, Asian Paints Limited, Filter Concept Private Limited, Indian Oil Corporation Limited - Pipeline Division, HCG Raipur Private Limited, HCG Nagpur Private Limited, Haryana City Gas (KCE) Private Limited, HCG (KCE) Private Limited, and HCG Distribution Private Limited. These clients span various sectors including energy, automotive, manufacturing, and healthcare infrastructure.
According to Business Standard, this order further strengthens the company's position in delivering service of Inspection and Certification Service. The two-year contract duration provides Gulf Lloyds (India) with sustained revenue visibility in the inspection services sector. The company stated that this series of order wins strengthens its market standing in delivering inspection and certification solutions across diverse industry sectors.
